International Monetary Fund (IMF)

As Pakistan is now set to get a new finance minister– senior member of Pakistan Muslim League – N (PML-N) Ishaq Dar will soon assume charge, the moot question that …

Pakistan’s devastating floods which could cost more than $30 billion to the exchequer have once again sparked fears of a possible default. Until the creditors provide debt relief measures and …

The much-hyped revival of the International Monetary Fund’s (IMF) bailout package under the Extended Fund Facility (EEF) for Pakistan is unlikely to boost economic development in the country. Pakistan Institute …

Power crisis is deepening in Pakistan. Scores of people in the country are living in the dark as power generation has been hit due to the devastating floods. While the …

Pakistan is once struggling with dwindling foreign exchange reserves despite the International Monetary Fund (IMF) assistance. After the country’s forex reserves –held by its central bank– dropped below the $8 …

Sri Lankan President Ranil Wickremesinghe said on Thursday that the Indian Ocean region should be open to all for freedom of navigation. He also said that Sri Lanka was open …

Sri Lanka plans to hold debt restructuring talks with Japan, China and India—its three largest bilateral creditors. This follows successful talks with the International Monetary Fund (IMF) under which it …

The devastating floods in Pakistan, which could cost more than $10 billion to the exchequer, has largely undone the gains of the International Monetary Fund (IMF) loans and other financial …

Sri Lanka has seen one of its worst years—the government decided to default on its external debt, widespread shortages of essential items, historic inflation, mass uprisings against the powerful Rajapaksa …

Pakistan Prime Minister Shehbaz Sharif’s stand that trade with India will not be resumed until the Kashmir issue is resolved will cause worry for the country’s economic managers and business …

Massive destruction of crops in Pakistan due to the torrential rains and floods has already started impacting the country’s food sector. Prices of food items have surged and supply chain …

The executive board of the International Monetary Fund (IMF) will meet tomorrow to discuss the issue of disbursement of the much needed bailout package to Pakistan. The delay in the …

<p> <strong>High food and fuel prices have pushed Pakistan’s weekly inflation for the week ended August 5 to a record high 42.31 percent year-on-year, adding to the woes of the …

<p> <strong>Finally there is good news for Pakistan. After Saudi Arabia agreed to renew the much needed $3 billion deposit for Pakistan, Islamabad is now expected to receive an additional …

<p> <strong>Pakistan’s foreign exchange reserves has further fallen. According to the State Bank of Pakistan, the foreign exchange reserves held by the central bank stood at $7.83 billion as on …

<p> <strong>Will China-Pakistan ties get somewhat strained as Pakistan under the Shehbaz Sharif government is now actively making an all-out effort to boost relations with the US? China’s concerns are …

<p> <strong>Bangladesh’s sudden decision to hike fuel prices by about 50 per cent at one stroke– the highest since independence — at a time when global crude prices are easing …

<p> <strong>Sri Lanka’s President Ranil Wickremesinghe has said that the country's economic crisis would continue for at least one more year. He also said that Sri Lanka will have to …

<p> <strong>Pakistan is in a bind.</strong></p> <p> <strong>Cash starved Pakistan’s struggle to secure the much-needed bailout package from the International Monetary Fund (IMF) is set to continue for sometime as …

<p> <strong>Sri Lanka’s unprecedented economic crisis will not end anytime soon. While talks have resumed between Colombo and the International Monetary Fund (IMF), it could take a few months before …

<p> <strong>With rapid shifts in the geopolitical order, Pakistan’s access to external financial assistance is becoming tougher this time. Pakistan’s repeated habit of seeking bailout packages is no longer being …